Recent Price Movement and Market Context
Elgi Equipments’ share price has been under pressure in recent trading sessions. Over the past week, the stock has declined by 5.12%, significantly lagging the Sensex’s marginal fall of 0.10%. The one-month performance also shows a slight dip of 1.60%, contrasting with the Sensex’s modest gain of 0.45%. Year-to-date, the stock has fallen by 17.18%, while the Sensex has risen by 8.25%. Over the last year, the stock’s decline is even more pronounced at 25.76%, compared to the Sensex’s 5.59% gain. These figures highlight a sustained period of underperformance relative to the broader market.
On the day of the decline, the stock touched an intraday low of ₹473.4, representing a 4.31% drop from its previous close. The weighted average...
Read More








